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Saturday, November 5, 2011

ZEW/gif Office Market Forecast - Rents For Offices in Prime Locations Strongly Increase

ZEW/gif Office Market Forecast - Rents For Offices in Prime Locations Strongly Increase

Prime rents at the five largest German office real estate markets Berlin, Hamburg, Frankfurt, Düsseldorf and Munich will considerably increase by the end of 2012. At the same time, the vacancy rate will hardly be reduced –with the exception of Düsseldorf and Frankfurt. These are the findings of the second survey among real estate market experts, which was conducted by the gif-Arbeitskreis Marktanalysen und Bedarfsprognosen (gif market analysis and demand forecasting working group) in cooperation with the Centre for European Economic Research (ZEW) in Mannheim.

http://www.zew.de/en/press/1693/zewgif-office-market-forecast---rents-for-offices-in-prime-locations-strongly-increase

Friday, November 4, 2011

SG: Eco Analysis - US Employment Report: Don't be misled by the October prints (B. Jones)

Eco Analysis - US Employment Report: Don't be misled by the October prints (B. Jones)
2011.11.04 06:34 AM

October job gains failed to match our forecasts, but revisions placed levels even higher

The Bureau of Labor Statistics (BLS) reported that nonfarm payrolls climbed by 80K in October, or by 104K after adjusting for continued pink-slipping by governmental entities. While last month's payroll gains failed to meet our and the Street's expectations, significant upward revisions to the previously reported figures for August and September actually left the October tallies well above projected levels. August was almost doubled from 57K to 104K, while another 55K jobs were added to the original 103K September estimate. It is worth nothing that this is the second consecutive report that saw the BLS' prior projections boosted about roughly 100K jobs.

Bloomberg: Bill Gross Rebounds From Bottom Ranking as Riskier Assets Surge

Bill Gross Rebounds From Bottom Ranking as Riskier Assets Surge
By Sree Vidya Bhaktavatsalam - 2011.11.03 09:01 PM

Bill Gross’s Pimco Total Return Bond Fund, which is having its worst run this year since at least 1995, regained its spot among top bond funds last month as investors returned to riskier assets.

Thursday, November 3, 2011

USA Today: Could Japan's economic malaise strike here in U.S.?

Could Japan's economic malaise strike here in U.S.?
By John Waggoner, USA TODAY

If you wonder what haunts Federal Reserve Chairman Ben Bernanke's dreams, it's Japan.

USA Today: Reports show an economy that is growing, but slowly

Reports show an economy that is growing, but slowly
2011.11.03 08:32 AM

WASHINGTON – Four economic reports painted a picture of a slowly growing economy Thursday. They said:

Bloomberg: Economy Drives More Americans to Extreme Poverty

Economy Drives More Americans to Extreme Poverty
By Catherine Dodge - 2011.11.02 09:01 PM

The number of Americans living in neighborhoods beset by extreme poverty surged in the last decade, erasing the progress of the 1990s, with the poorest areas growing more than twice as fast in suburbs as in cities.

Wednesday, November 2, 2011

Download the New Reserves Classification Guide

http://www.spe.org/

Download the New Reserves Classification Guide

2 November 2011 in Americas,Asia-Pacific,Canada,Europe and Sub-Saharan Africa,Europe, Russia and West Africa,Latin America and Caribbean,Middle East, North Africa and India,Regions,Russia and Caspian,SPE News,Technical,United States

Bloomberg: Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment

Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment
By Craig Torres - 2011.11.02 11:32 AM

Federal Reserve officials lowered their outlook for U.S. economic growth in 2012 and forecast that unemployment will average from 8.5 percent to 8.7 percent in the final three months of next year.

CNNMoney: Consumers are scared? Really?

The Buzz
Consumers are scared? Really?
By Paul R. La Monica November 2, 2011: 1:17 PM ET


NEW YORK (CNNMoney) -- With all the worries about Europe being on the brink of financial disaster again and increased nervousness about the U.S. economy, you'd think consumers would be cowering in a closet in fear and stuffing their money in the mattress.

CNBC: Next Year Will Get Even Uglier for US Investors

Next Year Will Get Even Uglier for US Investors
Published: Wednesday, 2 Nov 2011 | 12:25 PM ET
By: Robert Holmes
Senior Writer

Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.